Japan Q3 2025 Tankan Large Manufacturers’ Sentiment Index: Optimism Rises

The Bank of Japan released the Q3 2025 Tankan Large Manufacturers’ Sentiment Index on July 1, 2025. The actual reading was 15, in line with the forecast of 15 and up from the previous value of 13.This index reflects industrial firms’ outlook for economic growth and business conditions in the coming quarter, based on a survey of leading industry representatives. The survey covers business environment, supply and demand, inventory levels, and production output, among other indicators.The data is classified as having a low market impact (importance level 1). The Tankan survey is conducted quarterly, with the next release scheduled for October 2025.

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